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Research

Coronavirus Pandemic: Is the worst over for Oahu Real Estate Market?

The effects of the coronavirus pandemic have been passing through closed sales and now the market is already showing signs of improvement. Home and condo sales in June are down, -8% and -40% respectively, to last year, however both are up 20% from May. For the longer term, home sales in the past 12 months are up 3% and condo sales down -12% from the previous 12 months.

Research

Coronavirus Situation Affecting Oahu Sales

The effect of the coronavirus is impacting closed sales. Home and condo sales are down 23% and 47% respectively, compared to last year. For the longer term, home sales in the past 12 months are up 3% and condo sales down 10% from the previous 12 months.

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